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Manufacturing Sector News & Updates - July 23, 2024



Vikram Solar, DFC ink retainer letter for $200 million funding
Manufacturing   -  Dec 20,2023
Vikram Solar Ltd has secured a $200 million funding commitment from the US International Development Finance Corporation (DFC) for its 3 GW cell and module manufacturing plant in Gangaikondan, Tamil N .


Varun Beverages Limited inks MOU with Jharkhand Government
Manufacturing   -  Dec 20,2023
Varun Beverages Limited has signed an agreement with the Government of Jharkhand for a proposed manufacturing plant in Patratu, Jharkhand, with an estimated capital outlay of approximately Rs. 450 Cro .


Ami organics inaugurates production facility at Ankleshwar
Manufacturing   -  Dec 19,2023
Ami Organics inaugurated a manufacturing plant in Ankleshwar, Gujarat, as part of its commitment to strengthening its position in advanced pharmaceutical intermediates. The 10,375-square-meter facilit .


Tata Steel looking to complete Kalinganagar project expansion by December 2024
Manufacturing   -  Dec 19,2023
Tata Steel plans to complete the second phase of the Kalinganagar project in Odisha by December next year, aiming to expand production capacity from 3 to 8 million tonnes per annum with a Rs 23,500 cr .


Modi inaugurates new terminal building at Surat Airport
Manufacturing   -  Dec 19,2023
Prime Minister Narendra Modi inaugurated the new terminal building at Surat Airport in Gujarat, emphasizing its role in enhancing infrastructure, economic growth, tourism, and connectivity. The state- .


Welspun arm Sintex BAPL plans Rs 807-crore manufacturing unit in Telangana
Manufacturing   -  Dec 18,2023
Welspun's subsidiary, Sintex BAPL, will invest up to Rs 807 crore in a Telangana manufacturing unit through its step-down subsidiary, Sintex Advance Plastics Limited (SAPL). The investment, spann .


Advantec Wheels to bet big in flow-forged alloy wheels business
Manufacturing   -  Dec 18,2023
Advantec Wheels plans to invest Rs 100 crore in the flow-forged alloy business, set to be operational in April 2024 in Jammu & Kashmir. The 200,000-units-per-annum capacity plant, funded through bank .


Tata Power Solar Systems, NTPC ink Rs 418-crore contract for Pokaran project
Manufacturing   -  Dec 18,2023
Tata Power Solar Systems has secured a contract worth Rs 418 crore to supply 152 MWp DCR Solar PV Modules for NTPC Ltd's Nokh solar PV project in Rajasthan. NTPC is developing the 735 MW Nokh Sol .


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